Midland Exploration (CVE:MD) Hits New 1-Year Low – Here’s Why

Midland Exploration Inc. (CVE:MDGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as C$0.37 and last traded at C$0.38, with a volume of 54319 shares. The stock had previously closed at C$0.38.

Midland Exploration Price Performance

The company’s 50-day simple moving average is C$0.39 and its 200 day simple moving average is C$0.43. The company has a market cap of C$47.43 million, a PE ratio of -38.00 and a beta of 1.42. The company has a debt-to-equity ratio of 0.48, a quick ratio of 4.21 and a current ratio of 5.32.

Midland Exploration Company Profile

(Get Free Report)

Midland Exploration Inc, a mineral exploration company, engages in the acquisition, exploration, and evaluation of mineral properties in Canada. The company explores for gold deposits, platinum group elements, and base metals. It holds interest in the Abitibi, Appalachians, James Bay, Grenville, and Nunavik region projects. Midland Exploration Inc was incorporated in 1995 and is headquartered in Montreal, Canada.

Featured Articles

Receive News & Ratings for Midland Exploration Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Midland Exploration and related companies with MarketBeat.com's FREE daily email newsletter.